Engagement

Etica SGR voted in the shareholders’ meeting of this large American pharmaceutical company held on April 16, 2007. With about 80,000 shares, Etica SGR voted for three shareholder resolutions proposed by minority shareholders: Peta (association for animal rights), Adrian Dominican Sisters (religious organization part of  ICCR, www.iccr.org) e CalPERS (California retirement fund). Peta asked Eli […]

Etica Sgr, shareholder of Indesit Company, attended the company’s general meeting held in Fabriano (AN) on May 4th 2006. In particular, Etica Sgr intervened on the first agenda item (approval of the balance sheet) asking for more transparency on environmental certification for companies’ plants. As a result, Indesit Company, included all the information requested by […]

Etica Sgr participated to Telecom’s shareholder meeting held in Milan on April 13th 2006. In particular, Etica Sgr intervened asking further information about the remuneration plan (bonuses) of  managers Tronchetti Provera, Ruggiero e Buora. As a result, Etica Sgr obtained a series of meetings with the management and estabilished a good dialog with the company, […]

Etica SGR voted in the Cisco Systems’ general meeting held on November 15, 2005 in San Josè, California. Cisco System is the American based world leader in internet networking. With more than 60,000 shares, Etica SGR voted: • Against the board of directors renewal because the current management lead the company out of the ethical portfolio. […]

Etica SGR presented a shareholder resolution to the pharmaceutical company’s general meeting about higher disclosure about the political parties financing. Etica SGR supported a shareholder resolution presented by SEIU Trust, one of the larger American union, together with religious shareholders part of ICCR network. In December, during a conference call with the active shareholders (SEIU, […]